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157 Commercial Real Estate Listings in Lancaster, CA

Lancaster, CA Commercial Real Estate

There are currently 157 commercial listings available in Lancaster, CA. These listings include 63 commercial spaces that encompass a total of 214,635 square feet. Available commercial spaces in Lancaster, CA range in size from 3 square feet to 52,348 square feet. A total of 125 off-market commercial properties located in Lancaster, CA are also available for research.

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Lancaster, CA Economic Overview

Location Photo

Lancaster is a city in northern Los Angeles, located in the Antelope Valley of the wester Mojave Desert, in Southern California. The city is bordered by several unincorporated Los Angeles County communities and the city of Palmdale, just 70 miles from Downtown Los Angeles. With 94 square miles of residential communities, recreation and art venues, high-tech companies, retail shops, and open, natural space, Lancaster fosters a vibrant atmosphere for living and a limitless location for business opportunity, home to over 161,000 residents. Twice-recognized as a “Most Business-Friendly City” by the Los Angeles County Economic Development Corporation, Lancaster fosters an environment high quality jobs and commercial opportunities to abound. The city’s main economic clusters, located within the Lancaster commercial real estate scene include companies and jobs in aerospace, specialty manufacturing, and logistics centers. The city attracts a growing base of international, national, and local companies, from a diverse field of industries, each year. Thousands of visitors also tour the area each Spring season to enjoy the beautiful poppy and wildflower fields among its world-famous Joshua trees.

Attainable housing and recent economic growth have made Lancaster a focal point for both families and business looking to relocate or expand and wish to enjoy all the advantages that Southern California has to offer. Lancaster boasts one of the lowest costs of living, out of Californian cities, 89.8% less expensive than San Francisco. From its humble beginnings as a water stop on the Southern Pacific Railroad, Lancaster manages to both grow economically, and retain a family-focused, hometown spirit that hosts an average household income of $66,634. The broader Antelope Valley market has a diverse range of industries, including aerospace, healthcare, manufacturing, agriculture, and the film industry. The film industry flocks to Lancaster to capture the essence of the Antelope Valley in movies, television shows, commercials, and music videos filmed in the city each year, bringing many additional visitors to its hotels, businesses, and retail establishments. Lancaster has undertaken ambitious “green” energy endeavors, with a future goal of Zero Net Energy status, ensuring that Lancaster will produce and procure more energy than it consumes as an entire community. Lancaster is also home to the nation’s first BYD electric bus manufacturing plant and was the first city to offer affordable solar housing, which is now a residential building standard in the community. The Lancaster Redevelopment Agency has managed to attract major business operation to the area, such as SYGMA, Rite Aide, Michaels, Bank of America, and more. The largest employers in the area include Edwards AFB, China Lake NWC, Northrop Grumman, and Lockheed Martin.

Lancaster, CA Commercial Inventory Breakdown

In 2022 the Lancaster, CA commercial real estate market totaled 1,336,359 square feet of office spaces, 3,578,085 square feet of office spaces with retail, and 3,806,601 square feet of industrial space.

Office Spaces

Total: 1,336,359 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 476,435 SqFt 35.65% of total office
100k to 500k SqFt 859,924 SqFt 64.35% of total office
By class:
Class A 303,856 SqFt 22.74% of total office
Class B 432,503 SqFt 32.36% of total office


Class A office space holds a 22.74% share of the overall Lancaster, CA office market, while Class B office assets make up approximately 32.36%.

Industrial

Total: 3,806,601 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,222,673 SqFt 32.12% of total industrial
100k to 500k SqFt 1,143,516 SqFt 30.04% of total industrial
500k to 1M SqFt 1,440,412 SqFt 37.84% of total industrial
By class:
Class A 1,896,218 SqFt 49.81% of total industrial
Class B 1,095,041 SqFt 28.77% of total industrial
There are 1,143,516 square feet of commercial real estate properties between 100k to 500k square feet, representing 30.04% of the Lancaster, CA industrial inventory.

Office Spaces with Retail

Total: 3,578,085 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,075,634 SqFt 30.06% of total office with retail
100k to 500k SqFt 2,502,451 SqFt 69.94% of total office with retail

Lancaster, CA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Lancaster, CA Office 8 30,148
Lancaster, CA Retail 15 221,074
Lancaster, CA Other 32 251,225
Ofice Icon

8

Office

Retail Icon

15

Retail

Current local active listing encompass 502,447 square feet of commercial space for lease in Lancaster. There are 8 active office listings, which amount to 30,148 square feet and account for 14% of commercial spaces on the market. Local retail availability includes 221,074 square feet across 15 listings.

Employment in Lancaster, CA

Employed Population 59,532

Employed population - Industry % Distribution

Management, business, science, and arts occupations

37%

Sales and office occupations

21%

Service occupations

19%

Production, transportation, and material moving occupations

13%

Natural resources, construction, and maintenance occupations

10%

In 2020, roughly 37% of a total of 59,532 employed in Lancaster worked in Management, business, science, and arts occupations, followed by 21% in Sales and office occupations and 19% in Service occupations.

Income per capita $22,586  Median household income $56,672

Household income

44%

Under $50k

32%

$50k - $100k

20%

$100k - $200k

3%

Over $200k

The median household income in Lancaster stands at $56,672, with per capita income at $22,586. Households earning between $50k and $100k represent 32% of the total, while those earning over $200k make up 3%. Approximately 44% of Lancaster households earn less than $50k per year.

Commuting in Lancaster, CA

Mean travel time to work 33 minutes

Means of transportation to work

81.30%

Driving alone

8.20%

Carpool

2.00%

Public transit

0.10%

Bicycle

0.70%

Walking

0.80%

Other

6.80%

Work at Home

*Universe: Workers 16 and over

Education in Lancaster, CA

High school grad or higher 83%

Bachelor's degree or higher 18%

Population by minimum level of education

17%

No degree

30%

High school

35%

Some College

12%

Bachelor's

6%

Post-grad

*Universe: Workers 25 and over

An estimated 83% of Lancaster residents aged 25 or over hold a high school degree or higher. Of those, 30% are high school graduates, 35% attended some college, 12% earned a bachelor's degree, with an additional 6% holding post-graduate degrees.

Lancaster, CA Demographics

As of 2020, Lancaster had a total population of 157,604, with a median age of 33.50 years. Roughly 65.60% of the total population was between the ages of 16 and 64 years old.

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